Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Stock Passes Below 50-Day Moving Average – What’s Next?

Siemens Aktiengesellschaft (OTCMKTS:SIEGY)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $116.13 and traded as low as $113.17. Siemens Aktiengesellschaft shares last traded at $115.38, with a volume of 148,528 shares traded.

Analyst Ratings Changes

A number of research analysts have issued reports on SIEGY shares. Royal Bank of Canada cut shares of Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a report on Wednesday, March 19th. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Siemens Aktiengesellschaft Stock Performance

The firm has a market capitalization of $184.61 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 3.27 and a beta of 1.24. The firm’s 50 day simple moving average is $116.13 and its 200 day simple moving average is $104.60. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.15 and a current ratio of 1.40.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.05 by $0.05. The company had revenue of $19.58 billion for the quarter, compared to analyst estimates of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. Sell-side analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were paid a dividend of $2.6907 per share. This is a boost from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio (DPR) is presently 30.72%.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.